it’s a colossal pump-and-dump scheme, the likes of which the world has never seen. In a pump-and-dump game, promoters “pump” up the price of a security creating a speculative frenzy, then “dump” some of their holdings at artificially high prices.
And some crypto-currencies are pure frauds. Ernst & Young estimates that 10 percent of the money raised for initial coin offerings has been stolen.”
Bitcoins are accepted almost nowhere, and some cryptocurrencies nowhere at all. Even where accepted, a currency whose value can swing 10 percent or more in a single day is useless as a means of payment.
Extreme price volatility also makes bitcoin undesirable as a store of value. And the storehouses — the crypto-currency trading exchanges — are far less reliable and trustworthy than ordinary banks and brokers.
Image Source ::
http://www.thedailysheeple.com/bitcoin-is-the-greatest-scam-in-history_042018
Read This Article ::
http://www.thedailysheeple.com/bitcoin-is-the-greatest-scam-in-history_042018
Thanks for visiting my blog !
.gif)
You have received a @GrumpyCat flag because you REPETITIVELY send money to buy votes from an irresponsible non-GrumpyCompliant service.
Some bots are acting irresponsibly by selling votes on posts very close to final payout. These votes are sneaky, not promotion and are most of the time placed on low value content.
Sending money to these bots is also financially supporting for-profit only posters (spammers).
To know what voting bot to use, refer to https://steembottracker.com/ and use those that have 3.5 day or less in the "Max Age" column.
@sneaky-ninja (by @michaeldavid) is reporting 6 day but is actually selling votes up until 6.4 days.
Important warning, since @sneaky-ninja has made no effort to improve in more than 4 months, it's vote will still be countered even should he improve his Max Age setting.
Learn more, learn even more...
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
Source: https://www.recode.net/2018/4/24/17275202/bitcoin-scam-cryptocurrency-mining-pump-dump-fraud-ico-value
Copying/Pasting full or partial texts without adding anything original is frowned upon by the community. Repeated copy/paste posts could be considered spam.
Spam is discouraged by the community, and may result in action from the cheetah bot.
More information and tips on sharing content.
If you believe this comment is in error, please contact us in #disputes on Discord
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
Bitcoin is a revolution. The genesis of a new age filled with CryptoCurrencies. This new trust-less age brings about so many possibilities and frees to people emotionally, monetarily and physically.
I have never been more excited for the future.
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
Sorry, jobs are the greatest scam in history 😂
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
Word, and the Govern-mind Tax funded Military Industrial Complex is the biggest ponzi in history 😂
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
Ma man. Lol. I agree 100% though
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
This could be correct, but others might disagree entirely.
Me, I am on the fence. I agree that a currency with such large swings is unreliable, but not completely useless. And anything with value, is technically a store of value. Bitcoin included.
I own 0 bitcoin, but I do see the value in it, and other cryptocurrencies. We should always question things though...it is healthy!
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
It isn't that bad!
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
This post is terrible, bitcoin is going to blow your mind.
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
Criticize crypto, yet you own steem? Weird.
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
Bitcoin is ponzi pyramid fake scam bubble scheme :-D
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
I was summoned by @sarahlouise. I have done their bidding and now I will vanish...
A portion of the proceeds from your bid was used in support of youarehope and tarc.
Abuse Policy
Rules
How to use Sneaky Ninja
How it works
Victim of grumpycat?
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
Crypto is still in its infancy. There are still many developments to be made. But honestly, when large corporations and banks are taking notice, I think we should take notice too. Besides, I believe the blockchain technology behind most cryptos is what is trully innovative and revolutionary. We're already seeing lots of disruption with blockchain and smart contracts. There's only more to come.
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
Good to see your perspective. But then, it has changed lives, is changing lives, and at least, I'm enjoying my STEEM and SBD. Good take though. I always keep an open mind
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
Crypto signals - Its notifies about the rise and fall cryptocurrency
Most top traders use this app
https://xsignals.info/?ref=17731
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
We Are The-Resistance:
We have seen that @grumpycat or his alt @madpuppy has flagged your post.
You are not alone. He also:
@the-resistance has upvoted you to help heal the damage he has done to you in an effort to protect people like yourself.
Join our bot we-resist to help protect others ....https://we-resist-bot.herokuapp.com
Come to meet with the community ... https://discord.gg/qMWCbWR
@GrumpyCat: you can avoid ever seeing this message again when you STOP attacking innocents.
Love: @the-resistance
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
I think it's wrong to consider this a scam. In the end, the creators and investors made a profit. I regret that I did not buy bitcoin when I found out about it.
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
The same arguments brought up again and again.
It reminds me of the arguments against cars early on. They were dirty, messy, and the roads weren't prepared for them. So, therefore they were doomed.
And then they got cleaner, easier, and we built new roads.
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
It's the same cycle over and over again. People become concerned and unwelcoming of things they don't understand. I believe once adoption starts at the higher level such as huge corporations and banks, the general public will begin to adopt it too. "Trickle down effect."
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit